The company reported standalone net profit of Rs 19.77 crore for the quarter ended March 31, 2025 as compared to Rs 21.46 crore in the same period last year, registering a year-on-year decline of 7.88 per cent.

Net revenue of the company declined moderately by 9.38 per cent at Rs 150.75 crore in January-March quarter of this fiscal as against Rs 166.35 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 11.89 per cent to Rs 124.47 crore from Rs 141.26 crore in year ago period.

Other Income dipped by 44.48 per cent at Rs 6.39 crore versus (Mar'24 Rs 11.51 crore).

Operating Profit surged by 4.78 per cent to Rs 26.28 crore as against Rs 25.08 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.58 per cent in March quarter.

Interest declined by 43.27 per cent y-o-y to Rs 1.39 crore, while Taxation decreased by 29.57 per cent at Rs 5.67 crore (Mar'24 Rs 8.05 crore).